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Mumbai Ranks Sixth Globally in Data Centre Expansion

Mumbai, June 3 -- Mumbai has emerged as a global data centre powerhouse, ranking sixth worldwide in under-construction capacity. According to a recent report by Cushman & Wakefield, the city had 335 ... Read More


India Considers Easing Bank Ownership Rules Amid Growing Foreign Interest

Mumbai, June 3 -- India is considering relaxing its stringent banking ownership regulations to attract more foreign investment, driven by increasing international interest and the nation's expanding e... Read More


India Strengthens Pharmaceutical Self-Reliance Through Upgraded PLI Scheme

New Delhi, June 3 -- India is intensifying efforts to reduce its reliance on Chinese imports in the pharmaceutical sector by enhancing its Production Linked Incentive (PLI) scheme. The Department of ... Read More


India and Singapore Explore Opportunities in Shipping Sector

New Delhi, June 3 -- On June 3, 2025, Union Commerce and Industry Minister Piyush Goyal met Singapore's Deputy Prime Minister Gan Kim Yong in Paris to discuss enhancing economic ties, with a focus on ... Read More


India Nearing Finalisation Of Free Trade Agreement With Oman: Piyush Goyal

New Delhi, June 3 -- India is approaching the final stages of negotiating a Free Trade Agreement with Oman, according to Commerce and Industry Minister Piyush Goyal, who suggested that an official ann... Read More


Govt Launches BharatGen: India's First Indigenous Multilingual AI Model By IIT Bombay

New Delhi, June 3 -- Union Minister Dr. Jitendra Singh launched BharatGen, India's first indigenously developed artificial intelligence-based multimodal large language model, at the BharatGen Summit i... Read More


India, Japan In Talks To Deepen Maritime Cooperation & Boost Port Investments

New Delhi, June 3 -- Union Minister Sarbananda Sonowal conducted bilateral discussions with Japan's Vice Minister, International Affairs, Terada Yoshimichi in Oslo, focusing on expanding maritime coop... Read More


EU Labels India 'Low-Risk' For Deforestation; IEA Raises Concerns Over Critical Mineral Supply Chains

New Delhi, June 3 -- India has been designated a "low-risk" country under the European Union's Deforestation Regulation (EUDR), offering significant compliance relief for Indian exporters in sectors s... Read More


India Launches New EV Incentive Scheme To Attract Global Manufacturers

New Delhi, June 3 -- The Indian government announced on Monday the implementation of new guidelines for an electric vehicle manufacturing incentive scheme designed to attract global investment and est... Read More


Indian Biogas Association and IndianOil Collaborate to Advance Bioenergy and Bio-Hydrogen Sectors

New Delhi, June 2 -- In a significant move towards sustainable energy, the Indian Biogas Association (IBA) and Indian Oil Corporation Ltd (IndianOil) have entered into a Memorandum of Understanding (M... Read More